2 min read · 17 February 2009
Vontoo Inc., an Indianapolis-based provider of voice marketing solutions, has raised $2 million in VC funding led by return backer EDF Ventures.
3 min read · 17 February 2009
Last December, The Carlyle Group shut down its Silicon Valley office and disbanded its West Coast venture and growth equity practice. Now some of the refugees are finding new homes. First up is David Lam, a former Carlyle vice president, has turned up as a partner with WI Harper Group. While with Carlyle, Lam served on the board of Actelis Networks, and as a board observer with Air2Web, eScreen, Ingenio and Panasas (where he once served as director of biz dev). We’re told to expect more of these announcements soon…
1 min read · 13 February 2009
1 min read · 13 February 2009
Sergeant’s Pet Care Products Inc. has agreed to acquire Chomp Inc., a Weymouth, Mass.-based maker of all-natural dog and cat treats and supplements. No financial terms were disclosed. Chomp has raised a small amount of VC funding from CEI Ventures.
2 min read · 13 February 2009
Informatica Corp. (Nasdaq: INFA) has agreed to acquire Applimation Inc., a Chicago -based provider of enterprise data management solutions for Oracle, PeopleSoft and Siebel environments. The deal is valued at approximately $40 million in cash. Applimation has raised around $9.3 million in VC funding from firms like Battery Ventures, JMI Equity, RPM Ventures and M Group.
3 min read · 13 February 2009
SonicMule Inc., a Menlo Park, Calif.–based developer of interactive sonic applications for the iPhone, has raised $3.9 million in second-round funding. Granite Ventures led the round, and was joined by return backers Bessemer Venture Partners, Maples Investments and company CEO Jeffrey Smith.
3 min read · 13 February 2009
Portola Pharmaceuticals Inc. has signed a global licensing agreement with Novartis to develop and commercialize elinogrel, an anti-clotting agent for helping patients avoid heart attacks and strokes. Under terms of the agreement, Portola will receive a $75 million up-front cash payment, up to $500 million in potential milestone payments and additional royalties on future sales. Portola has raised around $220 million in VC funding, from firms like Abingworth Management, Advanced Technology Ventures, AllianceBernstein, Alta Partners, Brookside Capital, CIDC Consulting, D.E. Shaw, Frazier Healthcare Ventures, Goldman Sachs, IBT Management Corp., MPM Capital, Prospect Venture Partners, Sutter Hill Ventures, Teachers' Private Capital, T. Rowe Price, Apothecary Capital, Janus Capital and PAC-Link BioVentures.
3 min read · 13 February 2009
Esmertec AG (SIX: ESMN) has agreed to acquire Purple Labs SA, a Chambery, France-based provider of embedded Linux solutions for the wireless market. No financial terms were disclosed. Purple Labs had raised VC funding from Sofinnova Partners, Earlybird Venture Capital and Partners Group.
6 min read · 13 February 2009
Edison Venture Fund has promoted Chris Sugden to managing partner. He joined the firm in 2002, and currently chairs its investment committee.
2 min read · 12 February 2009
